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Cooperative bank’s posts Sh13.7 billion profit for third quarter 2017

Cooperative bank of Kenya has recorded a Sh1.5 billion pre-tax drop in profits for its third quarter 2017 results compared to the same period in 2016.

The third biggest bank by asset volume in Kenya joins a league of major lenders and businesses which has seen their profits shrink, posting a Sh9.5 billion profit after tax up from Sh10.5 billion in the previous year.

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